Emanuele Laurenzi

An Ontology for the Assessment of Procurement Risk Management: Including an Inference Engine Emanuele Laurenzi

Today, a deep understanding of procurement risk management is of great importance for leading focal firms. This helps to avoid disruption along the value chain, to leverage the strength of their supply chains and improve their profit margins. Firms that use an advanced procurement performance and risk indicator system can evade significant upstream damages from procurement risks, react timely instead of delayed and can enhance expressively the robustness and, therefore, the profitability of their supply chain in the future.